The Insurance Association of the British Virgin Islands (IABVI) has announced a new Executive Board, with Lynette Ramoutar of CG Insurance taking the role of President.
The appointment follows a meeting held on November 3, 2026, the IABVI said in a press release on November 10. The six-member board also includes Camillus Michel of Caribbean Insurers Ltd as Vice President, Maria Vieira of Premier Insurance Ltd as Secretary, Denisher Gayle of Insurance Company of the WI as Treasurer, Elizabeth Peters of Mutual Insurance (BVI) Agency Ltd as Public Relations Officer, and Desiree Creque of Premier Financial Consultants Ltd as Education and Training Officer.
The board will provide strategic direction for the Association while working to strengthen the insurance industry, promote professionalism, and increase public awareness of insurance across the Territory, the IABVI said.
Outgoing President Simon Cross of Hyperion highlighted the Association's work during his tenure, including representation to the Royal Virgin Islands Police Force on matters such as police attendance at motor vehicle accidents. The IABVI also collaborated with BVI RCA Surveyors to improve appraisal reports by adding GPS coordinates and elevation data to help underwriters assess hurricane-related property risks.
The Association participated in hurricane preparedness initiatives with the Government of the Virgin Islands and the Department of Disaster Management.
Moving forward, the IABVI said it will focus on strengthening industry partnerships, promoting insurance education and awareness, encouraging professional development, and engaging stakeholders on insurance sector matters.
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